Evaluation of the early-stage entrepreneurship activity in the United States during the COVID-19 pandemic

Abstract

This paper examines the effects of the COVID-19 pandemic (measured by total cases and deaths per 100K people) on the early-stage entrepreneurship activity (measured by the Kauffman Early-Stage Entrepreneurship indicators) in the United States. The empirical analyses are based on the panel dataset of 51 States between 2020 and 2021. The findings show that the COVID-19 pandemic negatively affects early-stage entrepreneurship activity. Further analyses indicate the positive impact of the COVID-19 pandemic on the startup's early survival rate. However, new entrepreneurs' rate and opportunity share are negatively affected by the COVID-19 pandemic. Implications for the post-COVID-19 era are also discussed.

Fuzzy Algorithm Applied to Factors Influencing Competitiveness: A Case Study of Brazil and Peru through Affinities Theory

“…Understanding how entrepreneurship and innovation affect competitiveness, and the factors that influence that relationship became fundamental to designing policies to stimulate economic and social growth. That is a relevant issue, especially the COVID-19 pandemic, which negatively affected early-stage entrepreneurship activity [5] and reduced household income in 2021, strongly affecting people and businesses in lower-income economies [6]. Indeed, specialists recommend is to support entrepreneurship activity to recover the economy [6].…”